Side-by-Side Duplex with
1515 CAREFUL Drive Green Bay, WI 54304
New
For Sale
$400,000
MULTI_FAMILY - GREEN BAY, WI
Property Size2,212 SF
Lot Size0.23 Acres
Price / SF$180.83
Days on Market5
Property Features for 1515 CAREFUL Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Parking
2
Standard status
Active
APN
6-313-1
Size
2,212 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5152
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Heat Pump (Heating)
Water source
Public
Building Details
Year built
1967
Number of units
2
Building materials
Brick, Vinyl Siding
Listing Agency:
RE/MAX 24/7 Real Estate, LLC
(920) 734-0247
Listed By:
Amanda L. Bogenschutz
(920) 241-4405
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 27 at 1:06PM
MLS# 50329609
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This side-by-side duplex offers two separate residential units in a well-maintained configuration. One unit features 2 bedrooms and 1 full bath, and the other offers 3 bedrooms and 1 full bath. Both units include full basements, attached 1-car garages, and private outdoor patio areas, with a privacy fence separating each yard space.
The property is located in Green Bay, WI, in close proximity to Lambeau Field and the Titletown District, and it is also near shopping, dining, entertainment, and major roadways.
The listing is set up for showings with 24-hour notice. The property is zoned Residential.
The property is located in Green Bay, WI, in close proximity to Lambeau Field and the Titletown District, and it is also near shopping, dining, entertainment, and major roadways.
The listing is set up for showings with 24-hour notice. The property is zoned Residential.
Key Highlights
- Well‑maintained side‑by‑side duplex built in 1967 with brick and vinyl siding
- Unit mix: one 2BR/1BA and one 3BR/1BA
- Both units include full basements and attached 1‑car garages
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.2k | $13.20 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $27.6k | $12.47 |
| − OpEx | −$8.3k | −$3.74 |
| NOI | $19.3k | $8.73 |
2,212 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.9K
$241.4K – $321.9K
NOI $19,315 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$257.0K
$224.9K – $299.9K
NOI $17,992 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$515.7K
$451.3K – $601.7K
NOI $36,100 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained side-by-side duplex with two units, each with a full basement and attached 1-car garage.
Where is this duplex located?
The property is located at 1515 CAREFUL Drive Green Bay, WI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Well‑maintained side‑by‑side duplex built in 1967 with brick and vinyl siding; Unit mix: one 2BR/1BA and one 3BR/1BA; Both units include full basements and attached 1‑car garages
